Lahontan Gold Corp. (LG) Financials
TSXV: LG · Gold, Silver · Development stage
- Market cap$157.8M
- Share price$0.365
- 52-week range$0.120 – $0.520
- Shares outstanding432,456,829
- ExchangeTSXV
- Websitelahontangoldcorp.com
Lahontan Gold Corp. is a Nevada-focused mine development company advancing a portfolio of four gold and silver projects in mining-friendly Nevada's prolific Walker Lane. The Company's primary focus is the restart of its flagship, the 28.3 km² Santa Fe Mine project, with a targeted return to production in 2027. Santa Fe Mine historic production: 359,202 ounces of gold and 702,067 ounces of silver, open pit mining with heap-leach processing (1988-1995; Nevada Bureau of Mines). Current Resources: The Santa Fe Mine has a NI 43-101 compliant Indicated Mineral Resource of 1,195,000 oz Au Eq (47,532,000 tonnes grading 0.72 g/t Au and 5.55 g/t Ag, together grading 0.78 g/t Au Eq) and an Inferred Mineral Resource of 1,190,000 oz Au Eq (60,605,000 tonnes grading 0.59 g/t Au and 2.40 g/t Ag, together grading 0.61 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). Objectives 2026: Complete an updated Preliminary Economic Assessment ('PEA') for the Santa Fe Mine, including the first analysis of mining and processing sulfide resources, Advancing mine permitting activities with the objective of commencing construction in 2027, Continue drill testing the satellite West Santa Fe project, with a maiden resource estimate targeted by year-end, Conduct exploration drilling at Santa Fe focused on expanding known gold and silver mineralization, Drill test historic heap-leach pads to evaluate residual gold and silver mineralization for potential future reprocessing opportunities.
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Financials for Lahontan Gold Corp. (TSXV: LG) on MineTerminal Pro.